News articles about DuPont Fabros Technology (NYSE:DFT) have been trending somewhat positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. DuPont Fabros Technology earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 46.1117197804143 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
DFT has been the subject of several recent research reports. BidaskClub raised DuPont Fabros Technology from a “buy” rating to a “strong-buy” rating in a report on Friday, August 25th. Stifel Nicolaus reissued a “hold” rating and set a $64.00 price target on shares of DuPont Fabros Technology in a report on Friday, July 21st. Barclays PLC boosted their price target on DuPont Fabros Technology from $55.00 to $68.00 and gave the company an “overweight” rating in a report on Tuesday, July 18th. TheStreet lowered DuPont Fabros Technology from a “b” rating to a “c+” rating in a report on Monday, July 31st. Finally, Wells Fargo & Company reissued a “market perform” rating on shares of DuPont Fabros Technology in a report on Monday, June 12th. Ten investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. DuPont Fabros Technology currently has a consensus rating of “Hold” and an average price target of $60.15.
DuPont Fabros Technology (NYSE DFT) opened at 66.31 on Monday. The company has a market cap of $5.14 billion, a price-to-earnings ratio of 40.38 and a beta of 0.68. The stock has a 50 day moving average price of $64.02 and a 200-day moving average price of $57.12. DuPont Fabros Technology has a 1-year low of $37.54 and a 1-year high of $69.33.
DuPont Fabros Technology (NYSE:DFT) last posted its earnings results on Thursday, July 27th. The real estate investment trust reported $0.38 EPS for the quarter, missing the Zacks’ consensus estimate of $0.77 by ($0.39). DuPont Fabros Technology had a net margin of 26.98% and a return on equity of 17.13%. The business had revenue of $140.70 million for the quarter, compared to analyst estimates of $141.48 million. During the same quarter last year, the business earned $0.64 earnings per share. DuPont Fabros Technology’s revenue was up 9.6% on a year-over-year basis. On average, equities research analysts forecast that DuPont Fabros Technology will post $1.77 EPS for the current year.
In other news, Director Frederic V. Malek sold 17,000 shares of the firm’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $64.07, for a total transaction of $1,089,190.00. Following the sale, the director now directly owns 84,775 shares in the company, valued at approximately $5,431,534.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael A. Coke sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, September 5th. The shares were sold at an average price of $63.87, for a total value of $510,960.00. Following the sale, the director now owns 20,258 shares in the company, valued at $1,293,878.46. The disclosure for this sale can be found here. Insiders have sold a total of 801,397 shares of company stock worth $49,701,799 over the last 90 days. Insiders own 5.60% of the company’s stock.
DuPont Fabros Technology Company Profile
DuPont Fabros Technology, Inc (DFT) is a real estate investment trust (REIT). The Company owns, acquires, develops and operates wholesale data centers. The Company’s customers include national and international enterprises across various industries, such as technology, Internet, content providers, cloud providers, media, communications, healthcare and financial services.
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